Paris Saint-Germain (PSG) secured a spot in the UEFA Champions League semi-finals by defeating Barcelona 4-1, which led to a surge in the PSG fan token by 23% during the match. This positive outcome pleased both PSG fans and PSG fan token investors.
Barcelona won the first quarterfinal game 3-2 but began today’s game with an early goal by Raphinha, causing the PSG fan token to drop 2% to $4.32. However, Dembélé tied the score before halftime, prompting an upward movement in the PSG token. The highest price of $5.31 in the last 24 hours was recorded after Mbappé scored a penalty kick, leading PSG to victory with a final match score of 3-1 and an aggregate score of 5-4.
Meanwhile, Barcelona’s fan token experienced a 12% decline during the middle of the match, priced at $3.02 at the time of writing. Both fan tokens are issued by Socios.com, which connects sports teams with the blockchain industry through its Chiliz Chain infrastructure.
Fan tokens serve as a means for fan-team interaction, allowing token holders to vote on team decisions and access VIP experiences, as noted on Socios’ website. The price movements during the match showcased a speculative aspect of fan token investment linked to game outcomes.